Know the list of companies which beat NEPSE growth during last one month bull

Fri, Sep 28, 2018 4:59 PM on Financial Analysis, Stock Market,

One month back, on 29th August, NEPSE opened as low as 1172.30 points and in a month’s time saw a high of 1280 points. On 27th September, NEPSE closed at 1267.18 points marking a gain of 94.88 points or 8% in the given period. With this it also welcomes the indicators of a bull trend in the market. However, some companies have already beat the market bull and achieved a growth rate more than that of NEPSE itself. Let us see which companies fall under the said category.

Out of 27 listed commercial banks, 21 of them have a growth of more than 8% in the given time period, in terms of price. The growth rate varies between 34.77% and 9.15%. The banks that didn’t make it to the list are- Himalayan Bank (4.69%), Nepal Investment Bank (4.30%), Nabil Bank (1.26%), Nepal SBI Bank (1.01%), Standard Chartered Bank (-0.42%) and Everest Bank (-2.42%).

Only 15 out of 27 listed development bank posted a growth of more than 8% in the past month. While Kabeli Bikas Bank posted an outstanding growth rate of 61.5%, Gandaki Bikas Bank posted a growth rate of 8.29% which is the closest high to the 8% mark.

Out of 38 listed microfinance companies, only 17 companies have made it to the list after posting growth rate varying between 38.53% and 8.14%. Nadep Laghubitta has posted the highest growth rate of 38.53% amongst microfinance companies.

Out of 21 finance companies, only two companies, namely Janaki Finance Limited and Manjushree Finance Limited have posted growth rate of more than 8% in the given time period. While only 2 hydropower companies out of 19 listed ones have made it to the list, 8 companies have posted growth rate ranging between 4% and 1% and the rest have posted negative growth rate going as low as -12.43% (Ngadi Group Power Limited).

15 non-life insurance companies are listed on NEPSE out of which only 5 were able to post a growth rate of more than 8%. In the given time period, only two non-life insurance companies posted a negative growth, they are- Everest Insurance Company (-1.87%) and Rastriya Beema Company (-5.21%)

Out of a total of 13 listed mutual funds, only 5 have made it to the list. Nabil Equity Fund grew the most while NIBL Samriddhi Fund-1 posted negative growth rate of -11.50%. Other mutual funds which have posted a negative growth are Laxmi Value Fund-1 (-0.39%), NIBL Pragati Fund (-1.72%) and Siddhartha Equity Oriented Scheme (-4.68%).

Surprisingly, none of the Life Insurance companies have been featured on the list. Out of seven listed Life Insurance companies, none of them have posted a growth rate above or equal to 8%. However, none of these companies have posted a negative growth rate either, their growth rate ranges between 5.5% and 1.2%. Also, none of the companies from Others sector could make it to the list.

There are more than 200 listed companies on NEPSE from different sectors out of which only 71 companies have made it to this list. These companies have beat the bull and outperformed NEPSE in the given time period by growing more than growth of NEPSE. Although there is high variation in the growth rate of companies in various sectors, 8% growth for NEPSE in a period of one month can be termed satisfactory.